On the recordFebruary 2, 2022
Climate stress scenarios will be a key tool going forward.
Source
congress.govClimate stress scenarios will be a key tool going forward.
Chair Powell states that climate stress scenarios will be essential for future planning.
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If we move too slowly, there may be unnecessary losses, painful losses in the employment market.
As long as the economy is in solid shape, we think the prudent thing to do is to wait and see what those effects might be.